Monthly Archives: April 2018
Posted by Admin
Bank of Tucson is happy to share that independent rating and research firm BauerFinancial has awarded Grandpoint Bank and its divisions, Bank of Tucson, Regents Bank and The Biltmore Bank of Arizona, a nineteenth consecutive, quarterly 5-Star rating for strength, stability and soundness.
The March 2018 bank ratings are based on December 31, 2017 financial data filed with the government. Only banks BauerFinancial considers to be the strongest in the nation earn the 5-Star rating. Four- and five-star banks appear on BauerFinancial’s Recommended Report.
Criteria for earning the coveted 5-Star rating include the strength of the institution’s capital ratios, profitability/loss trends, loan quality, the market versus book value of the investment portfolio, regulatory supervisory agreements, the community reinvestment rating (CRA) and liquidity.
As the source for unbiased, independent bank and credit union star-ratings, BauerFinancial has become known as “the nation’s bank rating service” and has rated banks since 1983. Banks cannot pay to be rated nor opt out of being rated. Consumers may obtain free 5-Star ratings at bauerfinancial.com.
Thank you for your business and your trust, Tucson. We’re a 5-Star bank because we work with 5-Star clients.